Cracker Barrel(US:CBRL)2023-01-19 22:29Business Overview - Cracker Barrel was founded in 1969 and is headquartered in Middle Tennessee[33] - The company owns and operates Cracker Barrel Old Country Store and Maple Street Biscuit Company[12] - Cracker Barrel has an expansive footprint across 45 states[40] - All three dayparts (Breakfast, Lunch, Dinner) have significant business[8] - The average unit volume for Cracker Barrel is $4.9 million[13] - The average check is $12.13[13] Financial Performance and Outlook - The company expects Q2 total revenue growth of approximately 6% compared to the prior year quarter[54] - The company anticipates full-year total revenue growth of 6% to 8%[72] - The company expects full-year commodity inflation of 8% to 9% with sequential moderation each quarter[54] - The company returned over $1.6 billion in cash to shareholders since 2011[91]